Company name: Ferrexpo Poltava Mining
Category: Mining of Iron Ore
Location: Horishni Plavni, Poltava Region, Ukraine
Expertise: Iron Ore
Keywords: 65% Fe iron ore pellets
Telephone number: +41 41 769 3660 [Switerland HQ]
Other information: Ferrexpo Poltava Mining engages in iron ore mining. The company is based in Komsomolsk, Ukraine, but is headquartered in Switzerland. Ferrexpo Poltava Mining operates as a subsidiary of Ferrexpo AG.
Ferrexpo's resource base is situated along a 50 kilometre stretch of mineral deposit, which allows the firm to efficiently expand production through progressive mine development. As of 1 January 2018, Ferrexpo had estimated iron ore resources of approximately 6.6 billion tonnes classified according to the JORC Code (of which 3.6 billion tonnes were in the indicated category and approximately 2.1 billion tonnes were in the inferred category) plus a further 13.1 billion tonnes classified according to the Soviet code.
The main Komsomolsk iron ore deposit on 19.7 billion tonnes is divided into 9 separate sections. These include Ferrexpo Poltava Mining (3.4 bt JORC), Ferrexpo Yeristovo Mining (1.1 bt, JORC), the Bilanivske Mine (1.7 bt), the Galeschynske Mine (~300 mt), Zarudenske (1.5 billion tonnes), Vasylivske (1.4 bt), Kharchenkivske (2.8 bt), the Manuilivske Mine (3.4 bt), and the Brovarkivske Mine (4.0 billion tonnes).
Ferrexpo produces iron ore pellets mostly with 65% iron content. A small proportion of pellets have 62% Fe content. The company also has its own capability to beneficiate iron ore and to process iron ore concentrate into iron ore pellets.